The first transaction of securities using a blockchain just happened | Business Insider

That’s a good efficiency saving…..3d to approx. 10mins….. Interesting to see regulatory impacts / challenges of using block chain from an APRA perspective.

“Among other things, this means faster clearance times, and a reduced need for paperwork and staff. Hence Nasdaq’s interest – the company claims it could bring down settlement and clearance times to as little as ten minutes. Settlement currently takes around three days in most marketplaces.”